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Market Matters: Struggling Stocks Spur New Record Oil Prices
Oil hit another record of just under $143 as global stocks tumbled last week, with the Dow briefly dipping into bear market territory as investors sought safety in gold, government debt and the Swiss franc.

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Sunday, July 20, 2008 Updated at 18 July 2008 10:49 Moscow Time.

The Moscow Times » Issue 2693 » Oil & Gas

Iraqi Oil Ministry Says No Contracts Canceled

05 June 2003Iraq said Wednesday that it had not cancelled oil contracts with Russian companies to develop oil fields after the downfall of Saddam Hussein's government.

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